🔍 From subscriber‼️
🤖 EA name: Dracula MT4
📦 Version: 1.0
💻 Platform: MT4
🛠Vendor/Source: –
📈 Strategy: Night scalper Forex
⏰ Timeframe: m15
🌍 Currency pairs: AUDCAD, EURAUD, EURCAD, EURCHF, EURGBP and other
🌓 Trading time: Night session (USA, Asia)
⚠️ Attention: It is not clear what the GMT time shift is. Therefore, tests with different parameters. Note!
📊 Monitorings found: –
🔬Monitoring by ea_forexlab: –
⏳ Test period: 2018.01.07 – 2023.08.03
🏛 Tick Data Provider: Darwinex (TDSv2)
🧭 GMT: +2; DST: US
Real spread: ✅
Slippage: ❌
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Description of the work of a forex advisor
Fully automated Night scalper Forex EA, not using grid strategies, martingale, averaging positions, waiting for losses, etc.
The idea is not complicated, during a flat, 2 limit orders are set when using USE_LIMIT_ORDERS = true, otherwise it trades
according to the market. When the order is triggered, the position is closed by TAKE_PROFIT, SIGNAL_TRAILING_TAKE_PROFIT in an unsuccessful situation
by STOP_LOSS_VIRTUAL.
Or orders are deleted.
After closing a position, the expert looks at how the position was closed; if it is profitable, it is added to the last lot – RISE_LOT, if there is a loss, then the lot remains the one that was last.
All positions have a fixed Stop Loss and a fixed but dynamic Take Profit.
Take Profit is relative, since the expert himself decides when to close or troll Take Profit positions.
Two Stop Loss are set, virtual and real. The virtual one is set so that the stop is not knocked down by the dynamic spread., Real for closing a position on the broker’s server in unforeseen circumstances (lost connection, problems with the broker, etc.).
Conclusions on the trading advisor
Night scalper Forex – Dracula MT4 EA was tested on high-quality tick history with a real spread in TDS. Based on the test results, we can draw conclusions about the high profitability potential of this trading light using the Night scalper Forex approach.